Liverpool had all but completed a deal to sign the Ukraine forward Yevhen Konoplyanka from Dnipro Dnipropetrovsk on Friday after a day of tough negotiations, but the move fell apart in the final minutes of transfer deadline day.

The club had agreed a €15m (£12.3m) fee with Dnipro for the 24-year-old, as well as a four-and-a half year contract worth €70,000 (£57,000) per week.

Though Tottenham denied that they were in the race for Konoplyanka, sources in Ukraine, where Liverpool managing director Ian Ayre was involved in a frantic attempt to complete the deal, had suggested that there was stiff competition for him.

Manchester City were left frustrated by what they felt to be the huge demands of an intransigent Porto, as they walked away from the combined valuation of £50m for defender Eliaquim Mangala and midfielder Fernando.

City were ready to negotiate for Mangala – heading off a potential summer contest for the player with Manchester United. The 22-year-old feared he would not be a first-choice centre-half at City – and would struggle to make France’s World Cup squad.

Dani Osvaldo’s ill-fated stay at Southampton is over, with the club-record signing joining Juventus on loan yesterday with a view to a permanent move.

Crystal Palace secured the signings of defender Scott Dann and goalkeeper Wayne Hennessey from Blackburn and Wolves respectively. On a busy day for Tony Pulis they also got Tom Ince on loan and were closing in on Celtic midfielder Joe Ledley.

Struggling Fulham signed the Greek international striker Kostas Mitroglou from Olympiakos for £12.5m and German midfielder Lewis Holtby on loan from Tottenham. However, Dimitar Berbatov left the club, joining Monaco on loan, and defender Philippe Senderos was sold to Valencia for an undisclosed fee.